Technology, the Global Economy and other New Challenges for Civil Justice

2021 ◽  

This is a fresh and stimulating book on new challenges for civil justice. It brings together leading experts from across the world to discuss relevant topics of civil justice from regional, cross-border, international and comparative perspectives. <i>Inter alia</i>, this book will focus on multinational rules and systems of dispute resolution in the era of a global economy, while also exploring accountability and transparency in the course of civil justice. Transnational cooperation in cross-border insolvency, regionalism in the process of recognition and enforcement of foreign titles, and the application of electronic technologies in judicial proceedings, including new types of evidence also play a major role. <br><br><i>Technology, the Global Economy and other New Challenges for Civil Justice</i> is a compact and accessible overview of new developments in the field from across the world and written for those with an interest in civil justice.

Scientax ◽  
2021 ◽  
Vol 3 (1) ◽  
pp. 1-28
Author(s):  
Galih Ardin

Tax on digital economy activities has become a widely discussed issue in the world because of the limitation on the permanent establishment concept in anticipating the digital economy's externalities. The failure of OECD countries to reach digital economic taxation agreements also caused these countries to take unilateral measures in securing their respective interests. Indonesia, as a country with considerable digital economy value in the Southeast Asia region, plans to implement the significant economic presence concept to secure its tax revenue that cannot be captured by PE concept in the digital cross-border transaction. However, the implementation of this new nexus could generate new challenges in the Indonesia taxation system. This study seeks to provide alternatives to the Indonesian government regarding the taxable presence and taxation methods on the digital economy, especially digital advertising, by conducting examination and evaluation through current nexuses, the international proposals, and other countries' experience in addressing tax challenges in the digital advertising.


Author(s):  
Jonathan Crystal

Transnational corporations (TNCs) are networks of related enterprises, composed of a parent in one country and subsidiaries or affiliates in other countries. They play a central role in the global economy, and have recently come into focus in international political economy (IPE) scholarship. Early studies on TNCs and foreign direct investment (FDI) took place in the late 1960s and the 1970s. FDIs are a type of cross-border investment in which a resident in one economy establishes a lasting interest in an enterprise in another economy, in order to ensure a significant degree of influence by the direct investor in the management of the direct investment enterprise. Both TNCs and FDIs were controversial in the field, as tensions arose between TNCs and host states and people began to question whether or not FDIs were beneficial for developing countries. By the 1980s and 1990s, the world fell into the grip of financial crisis, and the study of TNCs fell largely into neglect, only to witness a revival during the 2000s. Since then, while the field of IPE has returned to focus its research on FDI, the current literature has taken a different track from the earlier work, and the results have made important contributions to answering questions about the effects of FDI and about what affects firm–state bargaining or the governance of TNCs in the twenty-first century. Too much of the recent literature, however, still focuses narrowly on explaining investment flows.


2021 ◽  
Vol 7 (2) ◽  
pp. 80-96
Author(s):  
Tatiana S. Nenadyshina

Currently global economic characterized such trends as increased geopolitical tensions and the expansion of the protectionist measures in the regulation of trade by the world biggest economies. An additional factor that seriously slowed down the global economy growth was the COVID-19 pandemic.  These  crisis  effects  provide  opportunities  for  re-engineering the structure of global value chains and development Russian foreign trade. Based on the statistical data contained in the ratings and reports periodically published by the World Bank, the Organization for Economic Cooperation  and  Development,  the  International  Institute  for  Management  Development,  the author identified the main problem areas that impede the conduct of foreign economic activity in Russia as well as barriers of the cross-border movement of goods. The integrated trade facilitation index for Russia was calculated having regard of above mentioned problem areas and barriers. The  index  characterizes  the  state  of  identified  problem  areas  and  barriers in relation to 121  countries.  The  main  directions  of  trade  facilitation  to  stimulate  foreign  trade  and  the integration of Russian manufacturers into the global value chains are proposed based on the factor analysis carried out on the basis of the integrated trade facilitation index variables.


Author(s):  
Ірина П. Отенко ◽  
Олена В. Птащенко ◽  
Яна М. Кущ

The paper discusses the specific features of e-business in the world market, as well as identifies its current state and the key development trends. A special emphasis is put that e-commerce as a critical element of a "new economy" is gaining increasingly more practical implications. It is argued that further effective development of world commerce triggers a need to evaluate the main trends and prospects of the e-commerce market which makes the basis of information business. The world economy demonstrates rapid development towards building global economic space to give rise to a new type of economy. In this context, the need to provide more insights into the role and significance of Ukraine in this environment seems relevant and timely. The global economic space enhances the elimination of barriers to the movement of goods, services and capital, speeding up payment transactions, as well as contributes to harmonization of market regulation. The authors suggest avoiding hasty conclusions as to the readiness of the Ukrainian economy to the total integration into the free market system without verified findings from rigorous research. The study provides evidence that digital globalization of economic processes is becoming a fundamental trend and a driver of the overall modern economy development which has been underpinned by a number of revolutionary technological advances along with the general patterns of economic evolution that guides modern management to be sensitive to the rules of doing business, encourages labour productivity and product quality increase, helps to smooth the recession phases of the economic cycle, etc. The study findings demonstrate that a major effect of digital globalization is international economic integration which spurs non-traditional cross-border flows of goods, rapid loan and investment growth, fosters global exchange of information, ideas and technologies, thus contributing to a transformation of national economies into single global economy. However, it is argued that excessive national protectionism can hamper the development of the global digital economy. Moreover, the desire to store all data solely on the national servers and unjustified protection of confidential information will create extra barriers to cross-border trade and inhibit globalization of the world digital economy.


2002 ◽  
Vol 58 (3-4) ◽  
pp. 145-164
Author(s):  
Satyavir Singh

Threats from the cross-border terrorism and separatism nexus between narcotic mafias and terrorist and insurgent groups, religious and political extremism, and aggressive nationalism pose new challenges to the viability of large multi-ethnic, multi-lingual, multicultural and multi-religious states of the South Asia Region (SAR) and there is an urgent need to combat these challenges through democracy, secularism, tolerance, regional co-operation and rule of law. The largest drug producing areas of the world Golden Crescent and Golden Triangle lie within the geographic proximity of the SAR. These geographical links are exacerbated by the connection between narcotics and arms, with the sea routes of the Arabian Sea and the Bay of Bengal providing ideal conduits for supply of both arms and narcotics. This resulted in the lethal cocktail of narco-terrorism and such a nexus can encourage ‘maritime terrorism’, in the coastal and island states of the SAR.


2009 ◽  
Vol 2 (2) ◽  
pp. 31-38
Author(s):  
Miscene Crilley ◽  
Sara Gillingham ◽  
Salmah Lawrence ◽  
Ivica Orsolic

“Today we look forward and see a new era emerging. We call it globality, a different kind of environment, in which business flows in every direction....Ratan Tata, chairman of India’s largest conglomerate, the Tata Group, is unquestionably one of the “everyone” who will be players in the world of globality.” – from Globality: competing with everyone from everywhere for everything , H. Sirkin, J. Hererling & A. Bhattacharya, BCG 2008. The question raised by Ratan Tata’s comment is whether or not the world is entering a new and distinctive third phase of globalisation, an era Sirkin et. al. call ‘globality’. (With this premise) we seek to determine whether recent activities within the Tata Group itself represent a microcosm of these new developments . Globality is epitomised by a truly global economy an economy where firms operate independently of national boundaries, political objectives and domestic economic constraints (Bairoch and Kozul-Wright, 1996).


Author(s):  
Kommu Narendra ◽  
G. Aghila

Many sectors and fields are being computerized to make the work paperless, more transparent, and efficient. Banking is one such sector that has undergone enormous changes. Any amount from any part to any corner of the world is now possible around the clock. The dependency on technology for providing the services necessitates security, and the additional risks involved in cross-border nature of transactions of banks poses new challenges for banking regulators and supervisors. Many types of research are going in this area of banks big data processing, data analytics, and providing security for cross-border payments to mitigate the risks. Block chain is one such advancement for addressing the challenges in financial services. This chapter provides a brief overview of block chain usage, addressing the traditional issues and challenges for cross-border transactions.


Author(s):  
Maria Konow-Lund ◽  
Amanda Gearing ◽  
Peter Berglez

The journalism industry has used technology and cooperation to convey information around the world since the mid-1800s when six American newspapers aligned to form the Associated Press. The nonprofit news agency was a business collaboration that allowed members to share content with one another. Cooperation in journalism was not always compatible with the industry’s traditional business model, however, which valued exclusivity. As technology progressed, cooperation grew ever easier and more productive. The ultimate emergence of the internet has consummated this trend, facilitating collaborations among groups of reporters across the globe. These collaborations allow individual groups to retain and capitalize upon their geographical exclusivity while enhancing their collective ability to provide domestic stories with a transnational context or to cover cross-border or even global issues.


Author(s):  
E.Yu.­ MERKULOVA ◽  
◽  
V.V. SMAGINA ◽  

The problem of food security has become an important concern for the whole world. The problem of food scarcity clearly indicates that the world does not have enough of the necessary resources to feed people. This problem is further compounded by factors such as the effects of climate change, an unstable global economy, low agricultural production, increasing poverty and unstable food prices. Thus, these factors have set new challenges for the world in the production and continuous supply of basic food to the population. The purpose of the study is to study the level of food security as the most important condition for improving the quality of life of the population.


2006 ◽  
Vol 36 (142) ◽  
pp. 113-126
Author(s):  
Enrique Dussel Peters

China's socioeconomic accumulation in the last 30 years has been probably one of the most outstanding global developments and has resulted in massive new challenges for core and periphery countries. The article examines how China's rapid and massive integration to the world market has posed new challenges for countries such as Mexico - and most of Latin America - as a result of China's successful exportoriented industrialization. China's accumulation and global integration process does, however, not only question and challenges the export-possibilities in the periphery, but also the global inability to provide energy in the medium term.


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